634-2008 – Financial Accounting I (FU I)
Gurantor department | Department of Economics and Management in Industry |
Subject guarantor | prof. Ing. Jana Buchtová, CSc. |
Study level | undergraduate or graduate |
Subject aims expressed by acquired skills and competences
The student will know the basics of double-entry accounting system for enterpise. He can read the financial statements - balance sheet and profit and loss statement.
Teaching methods
Lectures
Tutorials
Summary
The Financial Accounting I. is teaching the students the basics of double-entry bookkeeping, i.e. to understand the balancing principle, the structure of balance-sheet and profit and loss account, the basic entries accounting and generally accepted accounting principles.
Compulsory literature:
[1] BAKER, R.E., LEMBKE, V.C., KING, T.S., JEFFREY, C.: Advanced Financial Accounting, McGraw-Hill/Irwin, 2007.
Recommended literature:
[1] LARSON, K.D., MILLER, P.B.W.: Financial Accounting, Irwin 1995.
[2] ROBERTS, C., WEETMAN, P., GORDON, P.: International Financial Accounting: A Comparative Approach, Pearson Education, 2002.
[3] International Financial Reporting Standards (IAS/IFRS).
Prerequisities
Co-requisities
Subject has no co-requisities.